Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform that the company has received a Letter of Award(LOA) from Uttar Pradesh ....
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VVIP Infratech has received a Letter of Award (LOA) from Uttar Pradesh Jal Nigam (Rural) for a sewerage and sewage treatment project in Bhadohi, Uttar Pradesh. The project involves designing, building, operating and transferring interception, diversion and treatment works including 3 sewage treatment plants, 3 pumping stations and allied infrastructure. The contract value is Rs. 80.97 crore (excluding GST) with an 18-month construction period followed by 15 years of operation and maintenance. The project is part of the government-funded Namami Gange Programme. With this award, the company's pro-forma order book strengthens to approximately Rs. 815 crore, representing about 3 times FY25 standalone revenue.
This is a positive development as the order adds nearly Rs. 81 crore to the order book, extending revenue visibility to about 3 years. The 15-year O&M tail provides recurring, higher-margin revenue. Government counterparty with AAA+ rated payment profile reduces execution risk.